Tether is FALLING

fuck fuck fuck
coinmarketcap.com/currencies/tether/
is this the start of the hyperinflation? Should we switch to DAI?

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Other urls found in this thread:

coinmarketcap.com/currencies/tether/
twitter.com/Tether_to
beincrypto.com/binance-green-lights-another-5m-of-its-stablecoin-to-enter-markets/
coinmarketcap.com/currencies/stasis-euro/
tokenanalyst.io/exchange/USDT_ERC20/Binance?tier=-1
tokenanalyst.io/exchange/BTC/Binance
twitter.com/NSFWRedditVideo

imagine using an exchange which doesnt have USD

USDT is pegged to USD, dumbdoubleass

Everything is fine. Delete this thread

we need some autists to figure out whats going on with the ERC20 stablecoins. Its something big but idk if bull or bear

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it doesn't seem to me. Explain otherwise

Delete this thread right now

Dai? Do you want to die?!

also
*ahem*
>uncappe
>
>
>
>

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>coinmarketcap.com/currencies/tether/

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and this should be fine because??

how is this even possible without anything else pumping?

what is the point of a stablecoin if it isn't stable?

I never said it's ok in fact I think it's pretty fucked up lol

This thread is very dangerous to the health of the crypto market. Mods can you please get in here?

even DAI is falling... why nobody here seems to care

AHHHHHHHHHHHHHHHHHH

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no mention on their twitter...
twitter.com/Tether_to

are you telling me that USDT is inflating faster than next-to-hyperinflation USD?

Due OTC desks usd Tether? Is BTC pumping behind the scenes?

obviously not retard, thats exactly what your thread is about

It's recovering.

do this also for the other stableshitcoins please
I'll pay with a virtual IOW, which it's a virtual fiat backed by fictional debt and black-hole exposure
> still better than USDSHIT, today

Kek tether fud. A gigantic dump bottom must be near.

of btc or usdt?

Mods

tell me what rules I'm violating

Pump. I contacted some expert about Tether. Maybe he can explain this situation.

is this one?
beincrypto.com/binance-green-lights-another-5m-of-its-stablecoin-to-enter-markets/

Pegged but not backed

Maybe someone cried STOP in the big game of magical musical money chairs. Better find a seat fast, because last leaves empty-handed. And they're will be a lot of last to go around

don't pay attention to the trolls. Just ignore them.

and we found patient zero for being clinically retarded, call the glowniggers he needs to be swatted

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this is where the fun begins

MODS

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If tether dies BTC will go below 1k
99% of shitcones will die

yeah, maybe they should print another 2 billion, see if that restores confidence.
It's all the rage nowadays

I don't get it, why all stablecoins follow the same pattern?

The DNM is the only market that needs BTC
That market doesn’t give a fuck whether BTC is 100k or $100
Tether is what’s keeping faggots like you in this market

It's going back up. You fudders will pay.

I have the same question, DAI and USDT and STASIS EURO (euro pegged) did this!
coinmarketcap.com/currencies/stasis-euro/

> Darknet market
put your lisergic dreams to sleep

Im not a fudder, just fucking concerned. You will admit it's fucking utterly strange what it's going on

lysergic*, correction

If nothing’s pumping and stable coins are dropping doesn’t that just mean people are cashing out of crypto completely?

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as much as kraken looks like a fucking tetris game, are the fiat pairs safe?

Dont want any tether domino collapse during postapocalyptic dips

its because a large whale is selling all his stablecoins to get into bitcoin either to hold btc or sell into real usd

Kraken IMO is one of the few legit exchanges that doesn't fuck with actual customer deposits and doesn't get into fractional lending.

>tether is FALLING
it's not, that's just cmc being weird

BTC taking over as new standard. The USD now falls and rises relative to it. Whereas 1 BTC will always equal 1 BTC.

Tell me who else uses BTC, that actually needs BTC

>or sell into real usd
I think it's this. If they sold yuge stacks of USDT for BTC or any other crypto, we'd see that particular crypto mooning. If instead they turn right around and cash out those BTCs for USDs, the operation is demand-neutral for the other cryptos involved. It looks like what we might call a sector rotation, in this case out of cryptos entirely.

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Thanks, switched all to kraken fiat pairings instead of busd.

This happens every time btc dumps and concerned goodbois like yourself always announce how concerned they are.

If tether dies btc goes to 100k.

Tether only use case was for fucking daytrades to go in and out without going through financial institutions.

BTC becomes the stablecoin when tether dies.

I've made a thread before and only got 5 replies by glowies saying it's not true. Deltec bank no long owns 70% of its reserves in USD. Now that BTC dumped they own even less. They can no longer be backed 1-1 . When you see BTC start pumping on USDT exchanges but not on Coinbase you'll know I was right. Get out of the markets asap

Guys WTF I have everything in USDC. Are we going to be ok? I'm in aus and don't wanna cash out to AUD because it's getting hammered against USD.

still dropping

maybe:

unusual little increase in usdt inflow after 13/03:
tokenanalyst.io/exchange/USDT_ERC20/Binance?tier=-1

some outflow of bitcoin into usdt after 13/03:
tokenanalyst.io/exchange/BTC/Binance

but it was much bigger earlier than the 13th

crypto speculators, bakkt etfs, Venezuelans with hyperinflation, miner pool factories

being a armchair internet provocateur is caused by deep psychological insecurities and problems, get help and stay there

because you didn't provide sources

How do we know they didn't gamble with the USD that's supposed to back Tether?

No one is getting into Bitcoin otherwise the price would've jumped noticeably. They are either cashing out completely. buying heavy crypto bags (unlikely) or if we get into the conspiracy theory realm, they could be buying some shittoken that isnt' even listed yet. The simplest explanation is best, which is the cashing out option.

if USDT is insolvent. why also the other stablecoins are dying the same?

brainlet here I didn't understand most of what you wrote but thanks for the advice, you look high IQ

Just trying to help you out, but go ahead and spin those wheels friend.

Taiwan Office Lady and the others are probably right. One or more whales are cashing out of all stablecoins into USD, even into EUR.